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The Coinbase-backed Router Protocol will shut down after attempts to commercialize, license or find a buyer for its technology failed to produce a sustainable business.
This will result in the burn of 303 million ROUTE tokens.
π @Cryptocurrency_Inside
Neuralink Brain Implant Robot
Neuralink has accelerated implantation by introducing a surgical robot designed to automate brain-computer interface procedures.β Article
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Revolut has received preliminary approval from a key U.S. banking regulator as it seeks to become a bank in the country.
π @Cryptocurrency_Inside
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A Michigan court has ordered Kalshi to keep blocking sports prediction markets.
The injunction converts a temporary restraining order issued in June, and violations would result in a fine of $500,000 per day.
π @Cryptocurrency_Inside
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Sberbank, Russia's largest bank, is seeing significant growth in crypto trading, with $46 billion in transactions.
The bank plans to offer Ethereum and USDT-backed loans once regulators give the green light.
π @Cryptocurrency_Inside
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More than 100 AI, security, finance, and technology organizations are urging governments and industry to prepare for attacks powered by increasingly capable AI models.
These models have already been used to hack real companies.
π @Cryptocurrency_Inside
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The company says it needs more skilled workers as its AI infrastructure expands.
Employees fear automation could reduce or eliminate some roles.
π @Cryptocurrency_Inside
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πππππ
DeFi Development Corp, a Nasdaq-listed SOL treasury company, has launched a free network dashboard.
Its aim is to encourage investors to look beyond the price of SOL.
π @Cryptocurrency_Inside
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Over $115 million in long positions were liquidated in the past hour.
π @Cryptocurrency_Inside
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U.S. Treasury Secretary Scott Bessent said every country supporting Iran should be prepared to face U.S. sanctions.
π @Cryptocurrency_Inside
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Justin Sun says his World Liberty lawsuit involving $45M is a fight over whether issuers can freeze user assets.
π @Cryptocurrency_Inside
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π COIN RACE #1 β FINAL RESULTS
The checkered flag is down.
π₯ XRP +36.7%
π₯ ETH +26.4%
π₯ SOL +19.6%
4οΈβ£ BTC +19.1%
π₯ Crowd Pick: BTC
π Market Winner: XRP
The crowd backed BTC.
The market picked XRP.
Safe to sayβ¦ the crowd got smoked. π
π @Cryptocurrency_Inside
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πΊπΈ CFTC Chair Selig directs staff to create formal crypto market structure rules if the crypto Clarity Act fails to pass.
π @Cryptocurrency_Inside
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π§
Bitcoin hit $72,000 Thursday, its highest since early June, after President Trump met crypto executives and urged passage of the Clarity Act.
At 8am NY time, Bitcoin traded at $71,758, up 12% in 24 hours.
The Clarity Act, aimed at establishing a digital asset regulatory framework, has been stalled for months, but the White House push boosted prices.
π @Cryptocurrency_Inside
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πΊπΈ Public company Strive purchases 79 Bitcoin for $5 million!
π₯ @Bitcoin_Insights
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π TOMORROW
Weβre launching COIN RACE
Youβll get 4 coins.
You pick the one you think will outperform the rest by Friday.
Thatβs it.
On Friday, we compare your pick vs the market.
Did the crowd see it coming⦠or get wrecked?
π @Cryptocurrency_Inside
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πΊπΈ The CFTC will discuss crypto regulation, AI agents and prediction markets at its inaugural Innovation Advisory Committee meeting on Aug. 20.
π @Cryptocurrency_Inside
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